What are Cool Cats Nft?
Non-fungible tokens (NFTs) called Cool Cats represent 9,999 hand-drawn cats, each with a unique set of attributes that are produced by an algorithm.
Every cat portrayed in the series has a distinct set of characteristics, a mix of some of the hundreds of attributes present in the collection. Different body shapes, facial expressions, clothing, and accessories are examples of trait combinations that help guarantee that no two cats in the collection are alike.
A flurry of trading and community involvement followed the initial generation of Cool Cats NFTs’ success. In future iterations of the collection, the Cool Cats team hopes to include a number of new features.
NFT breeding, which enables users to generate young NFTs based on the genetic qualities of parent NFTs, is anticipated to be a feature in the second generation of Cool Cats (much like CryptoKitties).
Who created Cool Cats NFTs?
Ten years ago, artist and project founder Clon (short for Colin) created Blue Cat, the main figure of the Cool Cats NFT series. The remaining founders of the Cool Cats team are Xtremetom, Lynqoid, and Elu, albeit not much else has been disclosed about them.
On July 1, 2021, Cool Cats NFTs were initially released with the goal of motivating a community to guide the project into the future. The Cool Cats team did not receive the amount of interest they had hoped for during the first hour of the launch.
The Cool Cats mint price was cut from 0.06 ETH to 0.02 ETH by the authors after only a small number of NFTs were purchased in the first hour. Collectors who had minted Cool Cats NFTs at the original, higher price were even given their money back. Sales quickly increased and the Cool Cats collection sold out in eight hours as the community quickly welcomed this commitment to the cause.
What makes Cool Cats NFTs unique?
By adding new features and gaming dynamics to Cool Cats NFTs, the team is expanding the brand’s appeal. The Adventurer’s Guild was introduced by Cool Cats in the first quarter of 2022. By using their Cool Cats NFTs to complete tasks, collectors can earn MILK, the project’s native social coin. An ERC-20 cryptocurrency token called MILK can be traded for random rewards.
In February 2022, 19,999 more NFTs were produced under the Cool Pets name. Additionally, the Cool Cats team intends to create additional gaming elements and avenues for collectors to communicate with their NFT friends.
The hyper-detailed images of several other collections contrast with the aesthetic simplicity of Cool Cats NFTs. In a style evocative of Saturday morning cartoons, the Cool Cats collection is presented simply. Perhaps the nostalgic simplicity of the collection—which consists of little more than a cartoonish head and shoulders—is what makes it so appealing.
Why buy Cool Cats NFTs?
There are plenty more reasons to add one or more of these amiable cats to your collection, even though using a Cool Cats NFT to decorate your social media profile could give you some serious online credibility.
Cool Cats’ allure extends beyond their visual appeal on TV. Some collectors keep Cool Cats in hopes of receiving community incentives like MILK tokens and future rewards like further spin-off collections in the form of eggs. Others might be excited to take part in Cool Cats’ more gamified features, such as NFT breeding and brand-new mini-game adventures.
What makes Cool Cats NFTs valuable?
A Cool Cats NFT’s distinctive set of characteristics contributes to its value. The rarity value of common accessories worn by each cat, such as caps and beanies, is lower than that of uncommon objects, such as computer heads and ape costumes.
Future Cool Cats NFT generations are anticipated to include more features and perks. For instance, one such addition to the collection is eggs. These eggs give rise to Cool Pets, which employ Cool Cats as a launching pad for a brand-new, gamified NFT experience that lets users grow their own virtual pet.
Cool Cats NFT rarity
Using a point-based “coolness” methodology, the great majority of Cool Cats fall into one of four groups, which are listed by rarity:
• Cool: 3-4 points, 4,599 cats
• Wild: 5-6 points, 3,000 cats
• Classy: 7-8 points, 1,750 cats
• Exotic: 9-10 points, 650 cats
Less than 150 NFTs out of the 10,000 in the collection are rare Cool Cats, which are part of the Exotic 2 category. The collection also includes nine one-of-a-kind Cool Cats, which are the rarest and most sought-after, and 66 extremely rare Cool Cats.
